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8-K: Current report

SEC ·  Dec 16, 2024 22:03

Summary by Moomoo AI

MicroStrategy announced significant Bitcoin acquisitions between December 9-15, 2024, purchasing 15,350 bitcoins for approximately $1.5 billion at an average price of $100,386 per bitcoin. The purchases were funded through the sale of 3,884,712 shares, generating net proceeds of $1.54 billion under its $21 billion ATM offering program.As of December 15, 2024, the company and its subsidiaries held approximately 439,000 bitcoins, acquired at an aggregate purchase price of $27.1 billion, with an average purchase price of $61,725 per bitcoin. The company reported strong BTC Yield performance, achieving 46.4% for Q4 2024 (through December 15) and 72.4% YTD.The company maintains $7.65 billion in shares available for future issuance and sale under its Sales Agreement. BTC Yield, a key performance indicator, measures the percentage change in the ratio between bitcoin holdings and Assumed Diluted Shares Outstanding, reflecting the company's strategy of acquiring bitcoin in a manner intended to be accretive to shareholders.
MicroStrategy announced significant Bitcoin acquisitions between December 9-15, 2024, purchasing 15,350 bitcoins for approximately $1.5 billion at an average price of $100,386 per bitcoin. The purchases were funded through the sale of 3,884,712 shares, generating net proceeds of $1.54 billion under its $21 billion ATM offering program.As of December 15, 2024, the company and its subsidiaries held approximately 439,000 bitcoins, acquired at an aggregate purchase price of $27.1 billion, with an average purchase price of $61,725 per bitcoin. The company reported strong BTC Yield performance, achieving 46.4% for Q4 2024 (through December 15) and 72.4% YTD.The company maintains $7.65 billion in shares available for future issuance and sale under its Sales Agreement. BTC Yield, a key performance indicator, measures the percentage change in the ratio between bitcoin holdings and Assumed Diluted Shares Outstanding, reflecting the company's strategy of acquiring bitcoin in a manner intended to be accretive to shareholders.
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